Hardcap ICO is no guarantee that the project will succeed

[Rahman11]

It's reality! many of ico's become reached hardcap but they are ruin after going for exchange their tokens! I think it's depend over many of options how bevome a project going for success!

[leea-1334]

Those projects that failed after reaching hard cap might have no intentions of giving their deliverables in the first place. Those were created to fill the dev's pockets and they managed to gain the trust of their investors. That situation is really a disappointment to all of us. They know how to deceive their investors by overwhelming promises and great UI of their websites. It is better to invest in a genuine project that starts from small beginnings.

Then it is a scam,,, plain and simple. A project should always launch with an intention of delivering something. If people say that without funds they cannot do anything, then the least they can do is make a full refund of all their funds to those that did invest. But in my experience, if projects cancel or refund,,, then they were never serious about building something useful. That is just how it works anyway. You think people were paid to develop Bitcoin in the beginning?

[Garrygold]

I've been in the bounty for years. And as I noticed, hardcap is not an indicator of success, and in General, the main, in my opinion, the indicator is the finished product. And yet, when the company enters the stock exchange, its tokens lose a decent price because of the bounty. Which, for the most part, try to quickly drain the tokens, which significantly reduces the price.

[geegaw]

I agree, reaching the hardcap doesn’t mean the project will succeed. Hardwork of the team is still required even after the hardcap. The team should keep working on everything they promised and they should follow the roadmap on time. Sadly many team behind the project don’t care about the success at all.

Of course, hardcap is just the foundation and marks the first success of the project in attracting investors but it never decides or ensures that the project will continue to succeed in the future when the next phases of the project need a lot of effort from the team. And many projects are like what you say, they don't care about successes in the later stages, they do not follow the routes they have planned, and many good projects have gradually become silent and ending with being unable to be listed, many investors have lost hope and waste time on these projects

[therhslv]

I've been in the bounty for years. And as I noticed, hardcap is not an indicator of success, and in General, the main, in my opinion, the indicator is the finished product. And yet, when the company enters the stock exchange, its tokens lose a decent price because of the bounty. Which, for the most part, try to quickly drain the tokens, which significantly reduces the price.

Not true that the lose of price is the bounty participants . If you take a look at the projects that lock bounty tokens for months or even years then you will see that price drops even without bounty sellers And there is alot of projects that got really good price movement up even with bounty particiants tokens without lock If the project is really good and got really nice exchanges then there always be traders and to dump the price would be really hard .

[CryptoAlphaStar]

ICO hardcap cannot be any indication about the quality or the success of a start-up.
The only thing it shows is the social proof by the community. If it is for the right reasons, then the project really has high chances to succeed.
But if it is due to expert marketing and snake oil salesmanship by the team members and their marketing contractors - then it will be a shitty project with chances of success close to zero.

[KlepZ]

Yes when the ICO has collected hardcap not necessarily the project successfully. Usually if the project has reached the hardcap sale it will affect the price of tokens / coins but assumes it is wrong. Market that will determine the price of the token. So if you think the successful ICO will affect the price it is wrong

[andrearz]

Yes when the ICO has collected hardcap not necessarily the project successfully. Usually if the project has reached the hardcap sale it will affect the price of tokens / coins but assumes it is wrong. Market that will determine the price of the token. So if you think the successful ICO will affect the price it is wrong

but if the funds collected are allocated to products that they can sell or use by many people it might be a positive thing because with a lot of funds it means that developers also have more opportunities to make products or companies.

[_Sergo]

I've been in the bounty for years. And as I noticed, hardcap is not an indicator of success, and in General, the main, in my opinion, the indicator is the finished product. And yet, when the company enters the stock exchange, its tokens lose a decent price because of the bounty. Which, for the most part, try to quickly drain the tokens, which significantly reduces the price.

Not true that the lose of price is the bounty participants . If you take a look at the projects that lock bounty tokens for months or even years then you will see that price drops even without bounty sellers And there is alot of projects that got really good price movement up even with bounty particiants tokens without lock If the project is really good and got really nice exchanges then there always be traders and to dump the price would be really hard .

And it is difficult for bounty hunters to roll the price to the floor. They have only 1-3%. Basically it is possible, for those who entered at the very first stage and received a powerful discount, but this is payment, because they risked the most

[waynechong1995]

It takes quite some time to see how thing goes, and usually they are masked by PR, or simply the quality of work might not be what you expecting, i would its definitely better to invest in company that have a big bank to keep going, rather than tiny startup that give you a hardship time which most of the people wouldn't be enduring. You could actually weight the process by reading their commits and stuff, not just solely on news if you want to have a greater picture.

[Aniwura]

If am not always concerned with the amount raised by a project team on their project, although it could be something to take note of.
My main concern is, whatever amount that is raised, how effective will the team use it. Mismanagement and misappropriation of funds has been a serious issue about some projects team.

[masyveonk]

I don't see any project achieving hardcap at all lately, but even if it does, it's a great indicator that the project is good

[JeBro]

Of course, each project, whether it is ICO, STO or IEO, should be differentiated. Failure of IEO projects can happen, and vice versa, ICO projects from which no one expected anything can present a revolutionary idea that will gild investors. Although, I agree, recently the ICO projects have been bringing more frustration. And if you look at the success of the IEO projects at Binance Lunchpad, then you can follow the conclusion that the main trend in the years 2019-2020 will be the conduct of IEOs. And achieving their hardcap is almost guaranteed to bring profit to early investors.

[Xalata]

For a project to be successful, it involves a lot and not only hard cap. The idea behind the project, the team, the technology and the experience of the team members also contributes to this success of the project. The hard cap is also necessary since financial backing is also required for a project to be successful.

[Getmon]

The project is only as successful as the people who compose the development team. Regardless of whether the hard cap is reached or not, for as long as the team has enough knowledge and brilliance they will definitely move forward. ICO outcome might simply be all about excellent marketing. After the marketing is done and the coin offering is finished, the real work takes place. A team that can provide a product wins.

[andrearz]

I don't see any project achieving hardcap at all lately, but even if it does, it's a great indicator that the project is good

BCNEX is one of the projects that has now reached Hardcap they are able to do that because it is supported by many communities and also large investors.

[Iykecollins]

Nothing is absolutely guaranteed in this space, that what I have come to understand but achieving a hardcap for an ICO shows a very serious adoption and acceptance by the community, any project that was able to achieve this and token is fairly distrusted but eventually fails has the large part of the blame to the team, right now a lot projects do not organize any ICO but they still eventually come out successful

[tracyhayley]

Yeah you're right. I've joined some bounties and invested my money in some ico. I invested in ico which is reached the hardcap. But, the products can't be found anywhere. and the price is drop 300% from ico price after listed in some exchangers.

[zenhu]

When bitcoin price hit all time high in end of 2017, people create so many Scam with ICO method, they can pay site like ICO review to give that ICO good rating then the ICO buyer interest into the project.

[torry28]

From 2018 to now, many ICO projects raised the hardcap but they did nothing in development. Rather many low cap projects did far better than that hard cap reached projects. The Online ICO, Cryptassist ICO, Shivom, and many more projects raised the hardcap last year, in CMC, you can see that they don't have even 100K USD trading volume, no development in the core zone!

All of those ICOs you said are fake and scam ICOs. The are scamming their investor and bounty hunter by collected investor's money and do nothing with their project. Even though they have paid their bounty hunter, it's still worthless since the price is far below than their ICO price